⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
AIAENG - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.8
| Stock Code | AIAENG | Market Cap | 37,479 Cr. | Current Price | 4,016 ₹ | High / Low | 4,170 ₹ |
| Stock P/E | 28.9 | Book Value | 758 ₹ | Dividend Yield | 0.40 % | ROCE | 18.8 % |
| ROE | 15.3 % | Face Value | 2.00 ₹ | DMA 50 | 3,818 ₹ | DMA 200 | 3,554 ₹ |
| Chg in FII Hold | -0.09 % | Chg in DII Hold | 0.08 % | PAT Qtr | 435 Cr. | PAT Prev Qtr | 277 Cr. |
| RSI | 57.4 | MACD | 17.5 | Volume | 21,522 | Avg Vol 1Wk | 89,731 |
| Low price | 3,001 ₹ | High price | 4,170 ₹ | PEG Ratio | 1.44 | Debt to equity | 0.14 |
| 52w Index | 86.8 % | Qtr Profit Var | 110 % | EPS | 139 ₹ | Industry PE | 23.3 |
📊 Technical Analysis
- Chart Patterns: Price is trading above both 50 DMA (3,818 ₹) and 200 DMA (3,554 ₹), confirming bullish momentum and strong technical structure.
- RSI (57.4): Neutral-to-positive zone, showing healthy momentum without being overbought.
- MACD (17.5): Positive crossover indicates continued bullish momentum.
- Bollinger Bands: Price near upper band, suggesting strength but potential for short-term consolidation.
- Volume Trends: Current volume (21.5K) is significantly below 1-week average (89.7K), reflecting weak participation despite price strength.
📈 Momentum & Signals
- Trend: Strong uptrend with mild consolidation.
- Support Zones: 3,820 ₹ (50 DMA), 3,550 ₹ (200 DMA), 3,000 ₹ (major support).
- Resistance Zones: 4,050 ₹ (near-term resistance), 4,170 ₹ (52-week high).
- Entry Zone: 3,900–4,000 ₹ for accumulation if volumes improve.
- Exit Zone: 4,100–4,170 ₹ unless breakout above 4,170 ₹ occurs.
✅ Positive
- Strong ROCE (18.8%) and ROE (15.3%) highlight efficient capital use.
- Quarterly PAT surged to 435 Cr. from 277 Cr. (+110% growth).
- Stock trading above both 50 DMA and 200 DMA, confirming bullish structure.
⚠️ Limitation
- High P/E (28.9) compared to industry average (23.3), suggesting premium valuation.
- Dividend yield is modest (0.40%), limiting income appeal.
- Low trading volumes reduce conviction in short-term rallies.
📉 Company Negative News
- FII holding decreased (–0.09%), showing slight reduction in foreign investor confidence.
- Premium valuation compared to peers may limit upside in near term.
📈 Company Positive News
- DII holding increased (+0.08%), showing domestic institutional support.
- EPS of 139 ₹ supports earnings strength and valuation.
- Strong quarterly profit growth highlights operational efficiency.
🏭 Industry
- Industry P/E at 23.3 is lower, highlighting AIA Engineering’s premium valuation.
- Engineering and industrial sector benefits from infrastructure expansion and global demand cycles.
🔎 Conclusion
- Stock is in a strong uptrend with mild consolidation.
- RSI neutral and MACD positive confirm bullish momentum, though low volumes suggest caution.
- Best strategy: Accumulate near 3,900–4,000 ₹ with stop-loss below 3,820 ₹.
- Upside potential towards 4,100–4,170 ₹ if volumes improve and breakout occurs.